Naphtha Israel Petroleum Corp. Ltd. engages in the exploration, production, and sale of oil and gas in Israel and the United States. The company is also involved in the rental of real estate properties, operation of hotels, and provision of management services in Israel, Germany, Hungary, and the Czech Republic. In addition, it provides operator services of oil and gas assets and ancillary services for oil and gas drilling. The company serves electricity producers, industrial customers, private electricity producers, and natural gas marketing companies. As of December 31, 2020, it had estimated proven reserves of 7,726 billion cubic feet (bcf) of natural gas and 10 million barrels of condensate, probable reserves of 10,480 bcf of natural gas and 14 million barrels of condensate, and possible reserves of 12,948 bcf of natural gas and 17 million barrels of condensate. The company was incorporated in 1956 and is based in Petah Tikva, Israel.
Naphtha Israel Petroleum Dividend Announcement
• Naphtha Israel Petroleum announced a annually dividend of ₪350.44 per ordinary share which will be made payable on 2023-02-08. Ex dividend date: 2023-02-01
• Naphtha Israel Petroleum annual dividend for 2023 was ₪350.44
• Naphtha Israel Petroleum's trailing twelve-month (TTM) dividend yield is -%
Naphtha Israel Petroleum Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-02-01 | ₪350.44 | annually | 2023-02-08 |
2019-01-16 | ₪407.42 | annually | 2019-01-29 |
2017-09-11 | ₪306.44 | annually | 2017-09-25 |
Naphtha Israel Petroleum Dividend per year
Naphtha Israel Petroleum Dividend Yield
Naphtha Israel Petroleum current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Naphtha Israel Petroleum stock? Use our calculator to estimate your expected dividend yield:
Naphtha Israel Petroleum Financial Ratios
Naphtha Israel Petroleum Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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